Management ChangeMay 20, 2026, 04:08 PM
Twin Vee PowerCats Non-Renews CEO Visconti's Employment Agreement
AI Summary
Twin Vee PowerCats Co. delivered a notice of non-renewal for the employment agreement of Joseph Visconti, effective July 23, 2026. The non-renewal was not due to any disagreement between Mr. Visconti and the company. Following this date, Mr. Visconti will continue to serve as the Company's Chief Executive Officer, Interim Chief Financial Officer, and President on an at-will basis.
Key Highlights
- Twin Vee PowerCats Co. issued a notice of non-renewal for Joseph Visconti's employment agreement.
- The non-renewal is effective July 23, 2026, upon the expiration of the initial term.
- Mr. Visconti will continue serving as CEO, Interim CFO, and President on an at-will basis.
- The non-renewal was not due to any disagreement between Mr. Visconti and the Company.
Price Impact
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